602 N GOVERNMENT WAY, Coeur d’Alene, Idaho 83814
INVESTOR AND DEVELOPER ALERT! This corner property is in the historic downtown sector of Coeur d’Alene within the renowned Garden District. TWO LOTS ZONED R-17 / INFILL DISTRICT which feature .20 total acres. Build brand new multifamily condo units or apartments. City Planning Department would allow for a three (3) floor multifamily dwelling w/ 45′ maximum roof height. Unit count is determined by Floor-Area-Ratio (FAR). Calculus: 8,712 sq ft lot area x 2 = 17,424 sq ft. Imagine doing four (4) units per floor @ 1,400 sq ft per unit… that’s 12 total units! No CC&R’s or HOA’s. Bring your vision and skillset to create new stylized development mere blocks away from the pulse of Sherman Ave, CdA Resort & Marina, Tubbs Hill, City Park, Independance Point, shopping, cafes, restaurants… all within short walking distance down streets lined with old growth trees. Existing 3 BR / 1.5 BA / 2,834 Sq Ft home cash flows excellent rent roll. Don’t hesitate to capitalize on this opportunity!
Appliances: Dishwasher, Refrigerator, Gas Water Heater, Electric Range, Disposal
Interior Amenities:
Heat:
Exterior Amenities:
Basement: Yes Cellar, Unfinished
Photographs of N GOVERNMENT WAY, Coeur d’Alene, Idaho 83814
Call Mike Green, Coldwell Banker Schneidmiller Realty 208-691-2126 or more info about N GOVERNMENT WAY Coeur d'Alene Idaho 83814.
Seller is represented by: kelly right real estate
Prepared by Mike Green on August 13th, 2025 This information is provided solely for informational purposes and does not constitute an offer to sell, rent, or advertise real estate outside the state in which the information provider is licensed. Information provider is making no warranties or representations concerning any property including availability. The information displayed on this website on listings other than those of the website owner is displayed with permission of the Coeur d'Alene MLS< and Broker/Participants of the Coeur d'Alene MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is from sources deemed reliable but is not guaranteed. Prospective buyers should verify information independently. The information on this sheet has been made available by the Coeur d'Alene MLS and may not be the listing of the provider.
Property Features
- Basement: Yes